T-Boz Sells Off Mansion At Massive Loss

08/07/2012
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(TMZ) T-Boz has finally sold the Georgia mansion she nearly lost to foreclosure a few years back, but she sold it for nearly half what she paid for it ... TMZ has learned.

As TMZ first reported, the TLC singer almost lost her home in 2008 when she failed to make the mortgage payments on time ... but was able to keep it from going on the auction block. She eventually filed for bankruptcy in 2011, with the mortgage on her home being her main debt.

Now the house is no longer a problem ... she sold it for $680,000, a far cry from the $1,122,700 price she purchased it for back in 2001. more on this story

TMZ submitted this story.
Copyright TMZ - Excerpted here with permission.

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